|Horizon||30 Days Login to change|
E I Market Sensitivity
|As returns on market increase, returns on owning E I are expected to decrease at a much smaller rate. During bear market, E I is likely to outperform the market.One Month Beta |Analyze E I Sturdza Demand TrendCheck current 30 days E I correlation with market (DOW)|
β = -0.1223
E I Sturdza Technical Analysis
E I Projected Return Density Against MarketAssuming 30 trading days horizon, E I Sturdza Strgc Eurp Value EUR has beta of -0.1223 . This indicates as returns on benchmark increase, returns on holding E I are expected to decrease at a much smaller rate. During bear market, however, E I Sturdza Strgc Eurp Value EUR is likely to outperform the market. Moreover, E I Sturdza Strgc Eurp Value EUR has an alpha of 0.1399 implying that it can potentially generate 0.1399% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
E I Return VolatilityE I Sturdza Strgc Eurp Value EUR accepts 1.3558% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.